Category: Bitcoin Exchanges

Get up to the date price and charts for Bitcoin Exchange Rate at Cryptocity News and make it easier for you to buy and sell the bitcoins at lucrative price. Bitcoin is the latest buzz of business town because of its sky rocketing market value and the ease of trading at the online platform. We provide the most accurate price chart for bitcoin exchange rates of multifarious currencies like USD, Pound, Yen, INR etc, which help you to buy/sell the Bitcoins at the best possible rate.

The Jamaica Stock Exchange (JSE) has announced that it will soon be offering cryptocurrencies as tradeable assets for its clients. The company said Tuesday that it had signed a memorandum of understanding (MoU) with blockchain startup Blockstation for the creation of a new digital assets trading platform. While it is not clear which tokens will be initially listed, the platform is set to go live by the end of the year. JSE managing director Marlene Street Forrest told CoinDesk that offering cryptocurrencies as investment products fits in with the equities,…

Mobile payments firm Square now lets customers buy and sell bitcoins via its Cash App in all 50 U.S. states. The company – which was co-founded by Twitter chief executive Jack Dorsey – announced the service expansion through a Tweet on Monday, months after the firm initially rolled out the bitcoin service to investors in the country. As reported by CoinDesk, Square officially launched the bitcoin purchasing option on its Cash App in January following a testing phase started last year. However, the service was not offered in the states…

It takes two to tango in the world of crypto trading, where a dynamic relationship between buyers and sellers is always on display in something called an order book. A tool that visualizes a real-time list of outstanding orders for a particular asset, order books represent the interests of buyers and sellers, offering a window into supply and demand. But while all order books serve the same purpose, their appearance can differ slightly among exchanges. That said, they are all built with the same features and functions. Examples from Coinbase Pro,…

Trading volume on Turkey’s cryptocurrency exchanges surged Friday as the country’s fiat currency plunged to record lows on economic jitters. According to CoinMarketCap, volume at Turkish exchanges Paribu, Btcturk and Koinim jumped over the past 24 hours by more than 100 percent each. Absolute volumes are still relatively small at these exchanges, with Btcturk, the country’s largest, handling $11.6 million in trades. The Turkish lira hit an all-time low against the dollar, reflecting global market worries about President Recep Tayyip Erdoğan’s economic policies, his souring relationship with U.S. president Donald Trump and his government’s…

David Marcus is stepping down from the board of directors at cryptocurrency exchange Coinbase, citing his new assignment at Facebook leading the social media giant’s blockchain strategy. Marcus, a vice president at Facebook since 2014, joined the board at Coinbase, now valued at $8 billion, in December of last year. At the time, CEO Brian Armstrong said Marcus, who was once president of PayPal, would apply his expertise in the “payments and mobile space” to guide Coinbase in its overall mission. Five months later, Marcus was named Facebook’s new blockchain research lead. The company…

Cryptocurrency exchange Binance unveiled the platform’s first look at its upcoming decentralized exchange (DEX) on Thursday. Binance, one of the world’s largest cryptocurrency exchanges by trading volume, announced back in March that it plans to launch a new public blockchain for the purposes of developing the Binance Chain, a platform to transfer and trade different crypto assets without a centralized operator. This week, CEO Changpeng Zhao provided the first demonstration of the Binance Decentralized Exchange and the Binance Chain. “Today, I have something really exciting to share with you guys. This…

The price of ethereum classic (ETC) has depreciated more than 30 percent against the U.S. dollar since its listing on Coinbase. Prior to the August 7th listing date, ETC’s price surged on two recent occasions, the first of which began on June 11th when Coinbase announced its intention to add ethereum classic to its platform. ETC’s price went from $12.19 to $16.40 over the next 48 hours, printing a 34 percent gain. The next and most dramatic boost began on August 3rd, following another announcement from Coinbase which stated that…

Japanese IT giant GMO has just reported making an operating profit of 255 million yen (about $2.3 million) for its cryptocurrency business in the second quarter of this year. The firm released its financial report following an earnings call on Thursday, which indicated that the company’s crypto segment made a total of 2.6 billion yen, or $23 million, in net revenue. The amount generated in the crypto segment was almost equally split between the mining and exchange businesses, which accounted for 47 and 53 percent of the net revenue, respectively. That said,…

ShapeShift has acquired a startup that developed a tool for exchanging cryptocurrencies more efficiently. The company said Wednesday that it acquired the Texas-based Bitfract after it made the tool – allowing for the exchange of bitcoin for “dozens of digital assets in a single transaction” using the company’s API. The idea is that the tool makes it easier for crypto-buyers to switch up their portfolio without having to execute numerous transactions. “This demonstrated a great alignment of strategy and thinking, and their execution was so exceptional that we wanted to bring…

Interactive financial markets technology platform LevelTradingField is launching a cryptocurrency derivatives exchange using the ethereum blockchain. Dubbed CADE, the exchange is set to go live this September. It will list ERC-20 tokens which track bitcoin, ether, litecoin, bitcoin cash, ripple and monero, with more to be considered on a rolling basis, according to a press release published Friday. These tokens will allow traders to reap the economic benefits of investment in crypto without actually owning any of the digital goods. All derivative tokens on CADE are to be priced in LUSD, a…

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